Company/Division name | WTEC Energy Corp. |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 315 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
City reshored to: | Chamberino |
State(s) reshored to: | NM |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings), wind energy, solar energy |
Product(s) reshored | steel-wire cable |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market, Other, import replacement |
Government Incentive dollar amount: | $2.1 million |